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-0.000181225081551251 0.00036245016310263 0.000906125407756511 0.00036245016310263 -0.00308082638637178 -0.000724900326205131 0.000181225081551379 -0.00271837622326927
Stock impact report

Biden administration proposes offshore wind energy sale near NY, NJ [Reuters]

Avangrid, Inc. (AGR) 
Last avangrid, inc. earnings: 4/28 04:15 pm Check Earnings Report
Company Research Source: Reuters
between Long Island and New Jersey as part of its ongoing efforts to address climate change in part through cleaner energy. In a statement, the U.S. Department of the Interior said the proposed sale for off shore wind development on the Outer Continental shelf in the New York Bight has “the potential to unlock over 7 gigawatts of offshore wind energy, powering more than 2.6 million homes and supporting thousands of new jobs.” The move is the administration's latest push into cleaner energy technologies as it seeks to double offshore wind capacity by 2030 and decarbonize the power sector by 2035. It has the first commercial scale offshore wind farm, the 800-megawatt Vineyard Wind project, a joint venture between Avangrid Inc, a unit of Spain's Iberdrola off the coast of Massachusetts. It is also exploring wind energy potential in the Gulf of Mexico and California, and is reviewing projects in another area of New Jersey as well as Rhode Island. The area up for sale Friday incl Show less Read more
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